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Almost Family (Almost Family) Accounts Receivable : $125.9 Mil (As of Dec. 2017)


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What is Almost Family Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Almost Family's accounts receivables for the quarter that ended in Dec. 2017 was $125.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Almost Family's Days Sales Outstanding for the quarter that ended in Dec. 2017 was 57.25.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Almost Family's Net-Net Working Capital per share for the quarter that ended in Dec. 2017 was $-10.18.


Almost Family Accounts Receivable Historical Data

The historical data trend for Almost Family's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Almost Family Accounts Receivable Chart

Almost Family Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.90 74.60 92.27 99.21 125.86

Almost Family Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 99.21 126.21 125.98 131.87 125.86

Almost Family Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Almost Family Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Almost Family's Days Sales Outstanding for the quarter that ended in Dec. 2017 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=125.86/200.618*91
=57.25

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Almost Family's accounts receivable are only considered to be worth 75% of book value:

Almost Family's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2017 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(11.31+0.75 * 125.86+0.5 * 0-213.521
-0-34.568)/13.992
=-10.18

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Almost Family Accounts Receivable Related Terms

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Almost Family (Almost Family) Business Description

Traded in Other Exchanges
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Address
Almost Family Inc is a provider of home health services. Its services include rehabilitation services such as physical therapy occupational therapy and speech therapy. It also provides specialty programs and senior care advocacy. The reportable segments of the company are home health, other home based services, and healthcare innovations.
Executives
Reed W Earl Iii director 9510 OMSBY SLATION ROAD, STE 300, LOIISVILLE KY 40223
Clifford S Holtz director 1801 CALIFORNIA, SUITE 5100, DENVER CO 80202
Jonathan Goldberg director 9510 OMSBY SLATION ROAD, STE 300, LOIISVILLE KY 40223
Tyree G Wilburn director
Altman Henry M Jr director 9510 ORMSBY STATION ROAD, SUITE 300, LOUISVILLE KY 40223
Daniel Schwartz officer: SVP & COO C/O ALMOST FAMILY INC., 9510 ORMSBY STATION, SUITE 300, LOUISVILLE KY 40223
Jeff Reibel officer: VP Finance & CAO 9510 ORMSBY STATION ROAD, SUITE 300, LOUISVILLE KY 40223
C Steven Guenthner officer: President & PFO 9510 ORMSBY STATION ROAD, SUITE 300, LOUISVILLE KY 40223
John Shermyen officer: SVP Healthcare Innovations 1800 PHOENIX BLVD., SUITE 120, COLLEGE PARK GA 30349
North Tide Capital, Llc 10 percent owner 500 BOYLSTON STREET, SUITE 1860, BOSTON MA 02116
Laughlin Conan 10 percent owner C/O NORTH TIDE CAPITAL, LLC, 500 BOYLSTON STREET, SUITE 1860, BOSTON MA 02116
North Tide Capital Master, Lp 10 percent owner C/O NORTH TIDE CAPITAL, LLC, 500 BOYLSTON STREET, SUITE 1860, BOSTON MA 02116
Wayne T Smith director 500 WEST MAIN STREET, LOUISVILLE KY 40202

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